Himal Dolakha Hydropower Company Limited (HDHPC) is wrapping up the sale of 15,77,211 regular shares to the public, starting today, the 29th of Shrawan, 2080. The auction began on the 22nd of Shrawan.
The auction includes 15,77,211 units of regular shares that were not claimed during the initial offering. Earlier, the company had offered existing shareholders a chance to purchase additional shares at a ratio of 1 share for every 0.75 shares they owned, between the 22nd of Jestha and the 25th of Ashad, 2080. The remaining unsold shares from this offering are now up for auction, accessible to everyone. These unsold shares constitute 13.14% of the overall shares initially offered to the company’s shareholders. Both individuals and institutions have the opportunity to participate in the bidding process.
Highlights:
- SEBON Approves 75% of Himal Dolakha Hydropower Right Shares; Company to Issue 1.20 Crore Right Shares Soon
- RIDI Initiates Auction of Unclaimed Right Shares: Opportunity for Public Participation
- Opportunity Knocks: Arun Valley Hydropower to Auction Unclaimed Right Shares
- National Hydropower Company Adjusts Share Price as it Prepares to Issue Right Shares
- Chhyangdi Hydropower Company Limited Plans to Issue Right Shares